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Minnesota State Wire

Wednesday, November 6, 2024

Pricing for the median home in Brooklyn Park increased during January 2022

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The median sale price of a home sold in January 2022 in Brooklyn Park rose by $52,250 while total sales increased by 56.7%, according to BlockShopper.com.

In January 2022, there were 47 homes sold, with a median sale price of $320,000 - a 19.5% increase over the $267,750 median sale price for the same period of the previous year. There were 30 homes sold in Brooklyn Park in January 2021.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.1% of the median home sale price for January 2022.

The following table compares Brooklyn Park to other Hennepin County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Bloomington28267.7%$356,000$278,37527.9%
Richfield191346.2%$348,150$290,00020.1%
St. Louis Park1623-30.4%$337,500$316,0006.8%
Champlin7475%$335,000$316,2505.9%
Rogers26-66.7%$334,000$396,250-15.7%
Brooklyn Park473056.7%$320,000$267,75019.5%
Hopkins6450%$313,000$423,500-26.1%
Minneapolis18216510.3%$312,500$302,7773.2%
Robbinsdale131030%$300,000$269,50011.3%
Crystal14875%$291,250$241,30020.7%
New Hope12771.4%$288,000$273,5005.3%

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